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gordon chang, thanks for bringing all of that to us and explaining it. >>> all right, president obama touring new york nabe hides -- neighborhoods devastated by superstorm sandy. that is next. let's take a look at some of today's winners and losers as we head out to break. the dow is down 20 points. petsmart is up. one of the s&p 500 winners up 3 1/2% and dollar tree up over 5%. we'll be right back. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting yo family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" ratingrom the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. the past the hour we have to che
gordon chang, thanks for bringing all of that to us and explaining it. >>> all right, president obama touring new york nabe hides -- neighborhoods devastated by superstorm sandy. that is next. let's take a look at some of today's winners and losers as we head out to break. the dow is down 20 points. petsmart is up. one of the s&p 500 winners up 3 1/2% and dollar tree up over 5%. we'll be right back. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created...
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thank you. what happens with egypt will be the big turning point here. does egypt remain on the sidelines? egypt today condemned this action by the israelis. the question is what else will egypt do? we will have continuing coverage of the situation there. mideast security expert joins us live to explain the implications of the action there today, where the united states stands on it. and president obama visited some of the people after -- still hurting after hurricane sandy. we'll hear from him and one of the people dealing in the aftermath. the crisis in israel, and the crisis in the aftermath of the storm, those are both coming up. >>> continuing to watch live images coming in from the gaza. this is 10:23 p.m. obviously it is hours later there and night fall has been with them for many hours. our correspondent mentioned that the israeli air force are flying this, and they have hit a lot of targets today. the question is what happens with ground troops. let's bring in the former intelligence of
thank you. what happens with egypt will be the big turning point here. does egypt remain on the sidelines? egypt today condemned this action by the israelis. the question is what else will egypt do? we will have continuing coverage of the situation there. mideast security expert joins us live to explain the implications of the action there today, where the united states stands on it. and president obama visited some of the people after -- still hurting after hurricane sandy. we'll hear from him...
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thank you so much for joining us today. >>> in the next hour, president obama will head to new york to meet families trying to recover from superstorm sandy. will he visit staten island, one of the hardest hit areas, and take an aerial tour. he will also meet with city officials, first responders and f fema staff. this will be the president's first time touring the region in new york. he he will be joined by new york governor andrew cuomo and mayor michael bloomberg and members of his cabinet. >>> former republican nominee, mitt romney now claiming the president won re-election by giving gifts to after r african-americans, hispanics and younger voters. this is how romney explained his loss in a phone call to some of his top donors. >> the president's campaign did was focus on certain members of his base coalition, give them extraordinary financial gifts from the government and then work very aggressively to turn them out to vote. >> those comments aren't sitting well with some republicans, notably former romney surrogate, louisiana governor bobby jindal, who says he absolutely rejects
thank you so much for joining us today. >>> in the next hour, president obama will head to new york to meet families trying to recover from superstorm sandy. will he visit staten island, one of the hardest hit areas, and take an aerial tour. he will also meet with city officials, first responders and f fema staff. this will be the president's first time touring the region in new york. he he will be joined by new york governor andrew cuomo and mayor michael bloomberg and members of his...
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thank you. >> sandy victims still now left in the dark. >> why did they forget us? why are we not part of the community that's getting the lights and we're still here and we're freezing now. >> here still paying for electricity, but they aren't even receiving it. mitt romney says president obama won because he promised gifts to key groups. the republican party isn't standing by romney's remarks. cnn newsroom, and it's all happening right now. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping milli
thank you. >> sandy victims still now left in the dark. >> why did they forget us? why are we not part of the community that's getting the lights and we're still here and we're freezing now. >> here still paying for electricity, but they aren't even receiving it. mitt romney says president obama won because he promised gifts to key groups. the republican party isn't standing by romney's remarks. cnn newsroom, and it's all happening right now. consider the silverado 1500 --...
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catherine, thanks so much. yesterday president obama testified his administration's handling of the consulate attack that killed four americans. take a listen to this exchange went president and ed henry. >> i wanted to ask about the families of these four americans killed. sean smith's father ray said he believes his son basically called 911 for help and didn't get it. and i know you said you grieve for these four americans. that it's being investigated. but the families have been waiting for two months. i would like to -- for you to address the families if you can. on 9/11 as commander in chief did you issue any orders to try to protect their lives? >> ed, you know, i'll address the families not through the press, i'll address the families directly as i already have. and we'll provide all the information that is available about what happened on that day. that's what the investigation is for. but as i said repeatedly, if people don't think that we did everything we can to make sure that we saved the lives of f
catherine, thanks so much. yesterday president obama testified his administration's handling of the consulate attack that killed four americans. take a listen to this exchange went president and ed henry. >> i wanted to ask about the families of these four americans killed. sean smith's father ray said he believes his son basically called 911 for help and didn't get it. and i know you said you grieve for these four americans. that it's being investigated. but the families have been...
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offers words of consolation to locals and thanks volunteers. we expect to hear some comments from president obama. we'll stay here live. we'll also let you know that we are expecting a news briefing coming up at about 2:00 p.m. eastern from the attorney general, eric holder. this is in relation to the settlement announced today b.p. oil's paying $4.5 billion fine, settlement, in the case for the gulf coast oil spill. that news conference is scheduled for 2:00 p.m. eastern. we hope to take you there live. >> as you can see in that mob of folks from staten island and reporters the president is actually in new york. he came up just a bit earlier today and started his afternoon in new york with a helicopter tour above some flooded and burned out sections of queens and staten island. he made an aerial tour over the neighborhood that included the breezy point community where roughly 100 homes were burned in a massive fire during the storm. >> live here on staten island waiting to hear possible comments by president obama who's been touring parts of q
offers words of consolation to locals and thanks volunteers. we expect to hear some comments from president obama. we'll stay here live. we'll also let you know that we are expecting a news briefing coming up at about 2:00 p.m. eastern from the attorney general, eric holder. this is in relation to the settlement announced today b.p. oil's paying $4.5 billion fine, settlement, in the case for the gulf coast oil spill. that news conference is scheduled for 2:00 p.m. eastern. we hope to take you...
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thank you very much, everybody. >> all right. president barack obama there on staten island. the second visit to the region after superstorm sandy reiter e reiterating that the federal government will be there in the complete rebuilding of this region devastated by that storm. there he is with the governor of new york and also homeland security chief janet napolitano and senators chuck schumer also there as well as the new york city mayor michael bloomberg. you heard the president there also talking about poignant moment with the moore family and many people recall their two sons swept away and he talked about what's been a very emotional visit to the staten island area, but also a kind of reaffirms that resolve that the federal government will be there as best it can in the rebuilding process. our victor blackwell is there, also, in staten island outside of recovery center. so victor, give me an idea what the reception has been like for the president's second now visit, the first post-re-election there to staten island. >> reporter: well, i think the president today said wha
thank you very much, everybody. >> all right. president barack obama there on staten island. the second visit to the region after superstorm sandy reiter e reiterating that the federal government will be there in the complete rebuilding of this region devastated by that storm. there he is with the governor of new york and also homeland security chief janet napolitano and senators chuck schumer also there as well as the new york city mayor michael bloomberg. you heard the president there...
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thank you for coming on. >> absolutely. gerri: president obama pushing his tax agenda. but who didn't earn a seat at the table? small busiss. big mistake, mr. president, that's what my next guest says. he is the president of the american business week. welcome to the show. it is great to have you here. i was shocked. we have all big fortune 5 companies going into that room. the missing players were walll street, and also small business. >> i would tell them that einstein says we can't solve problems by using the same kind of thinkin. obama went to big businesses a couple of years ago looking for solutions and couldn't find any. you are right. small businesses are responsible for 90% of the new jobs. the net new jobs. we need to look for infrastructure spending to support these businesses. i predict that president obama will try to dismantle the small business administration and help small businesses -- i would say within six months. as opposed to helping small businesses like he should be doing, i think he is going to harm small businesses. gerri: you think you'll be mi
thank you for coming on. >> absolutely. gerri: president obama pushing his tax agenda. but who didn't earn a seat at the table? small busiss. big mistake, mr. president, that's what my next guest says. he is the president of the american business week. welcome to the show. it is great to have you here. i was shocked. we have all big fortune 5 companies going into that room. the missing players were walll street, and also small business. >> i would tell them that einstein says we...
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president obama ready to take off the gloves, if the republicans want to fight. the president clearly stating two key demands during his first news conference, ever since winning re-election. the first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford, and according to economists, will have the least positive impact on our economy. >> the president also making clear that he has susan rice's back. that's his ambassador, the embattled u.s. ambassador to the united nations. initially she said that that september 11th attack on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. well, now two top-ranking republicans are vowing to block her nomination if, in fact, she is picked to be the next secretary of state. that had the president very anger. here's what he said. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian is in washington, d.c., this morning. let
president obama ready to take off the gloves, if the republicans want to fight. the president clearly stating two key demands during his first news conference, ever since winning re-election. the first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford, and according to economists, will have the least positive impact on our economy. >> the president also making clear that he has susan rice's back....
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mary, thank you. >> thanks, cheryl. dennis: president obama arriving in the new york area to survey sandy damage. in far rockaway, queens with details, liz? >> we saw the helicopters flying overhead 5-10 minutes ago, possibly surveying what's becoming new york city in the tristate area's biggest waste site for debris left over from 11 towns wrecked by superstorm sandy. more op that story later in the hour, delivers live updates throughout the day. back to you. dennis: thank you, liz. 163 u.s. mayors sent a letter urging congress to get the act together and avoid the fiscal cliff. they are in washington hammering the message home today. today, one from massachusetts joins us. mayor, who did you see today? what's the most important message to give them? >> well, it's time to break the gridlock down here. i hear back home and other mayors hear it all the time, they are critical decisions, and it's about the fabric of government. what are we going to pay? what services will we get for what we pay? that's the issues down her
mary, thank you. >> thanks, cheryl. dennis: president obama arriving in the new york area to survey sandy damage. in far rockaway, queens with details, liz? >> we saw the helicopters flying overhead 5-10 minutes ago, possibly surveying what's becoming new york city in the tristate area's biggest waste site for debris left over from 11 towns wrecked by superstorm sandy. more op that story later in the hour, delivers live updates throughout the day. back to you. dennis: thank you,...
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thank you very much. other headlines on this thursday. in a couple hours, president obama is going to travel here to new york to look at the widespread destruction from monster storm sandy. there he is yesterday. going to head to staten island. a long island resident said his town was left in the dark every way possible. >> we had no police. the fire department was always around, but we had no information on what was going on. nothing. >> steve: who do you blame? >> everybody. the politicians in the local area. they didn't do a darn thing. we couldn't get telephone conversations. we couldn't make phone calls. the media is talking about manhattan and the overall picture, but not about us. we had nothing. >> steve: meanwhile, fema says it may need a bailout. a top fema executive says they expect losses. but their flood insurance program has less than $3 billion available in the kitty. >> gretchen: coming up, the battle over wisconsin's collective bargaining ban is far from overment the state is facing yet another lawsuit. governor scott wal
thank you very much. other headlines on this thursday. in a couple hours, president obama is going to travel here to new york to look at the widespread destruction from monster storm sandy. there he is yesterday. going to head to staten island. a long island resident said his town was left in the dark every way possible. >> we had no police. the fire department was always around, but we had no information on what was going on. nothing. >> steve: who do you blame? >> everybody....
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thank you so much. >> thank you. gregg: president obama traveling to new york city today to some of the hardest hit neighborhoods actually devastated by superstorm sandy. expected to meet with first-responders as well as families struggling to rebuild. eric sawn is -- shaun live in staten island. what will the president be able to see? >> reporter: gregg, it is just a scene of devastation and destruction. landscape of ruin. this house boarded up, abandoned. this house moved by the force of water. look at the cars, they were completely moved when the water cascaded from the bay onto the streets of staten island. people here are desperate. they say they don't have a lot of hope. they think insurance money will never be able to repair their lives completely. look what they're dealing with. they still don't have electricity more than two weeks after the devastation. take a look at this, we saw a house ripped off its foundations. it is in the middle of the street. sadly, tragically, there are makeshift memorials around th
thank you so much. >> thank you. gregg: president obama traveling to new york city today to some of the hardest hit neighborhoods actually devastated by superstorm sandy. expected to meet with first-responders as well as families struggling to rebuild. eric sawn is -- shaun live in staten island. what will the president be able to see? >> reporter: gregg, it is just a scene of devastation and destruction. landscape of ruin. this house boarded up, abandoned. this house moved by the...
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. >> thank you very much for the update. >>> a defiant president obama making it clear he is ready to rumble with the republicans. the president drawing two big lines in the sand in his first news conference since winning re-election. first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and, according to economists, will have the least positive impact on our economy. >> the president also coming to the defense of susan rice, the u.s. ambassador to the united nations, who just a few days after the attack as you recall said violence on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. two top-ranking republicans are vowing to block rice's nomination if she is picked to be the next secretary of state. the president firing back with a rare flash of anger. >> senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian, live from washington this morning. it's really nice to see you, dan. >>
. >> thank you very much for the update. >>> a defiant president obama making it clear he is ready to rumble with the republicans. the president drawing two big lines in the sand in his first news conference since winning re-election. first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and, according to economists, will have the least positive impact on our economy. >> the president...
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. > > thank you. president obama has set the pace for tomorrow's meeting with congressional leaders. in a news conference yesterday the president reiterated the need to raise taxes on the wealthy while continuing tax breaks for the middle class. the president wants to bring in $1.6 trillion in new revenue. the president made the comments yesterday, at his first news conference since his re-election. "as i've said before, i'm open to compromise and i'm open to new ideas. and i've been encouraged over the past week to hear republican after republican agree on the need for more revenue from the wealthiest americans as part of our arithmatic if we're going to be serious about reducing the deficit." last week, house speaker john boehner said that congress has ways to avert the fiscal crisis, but rewriting the tax code in two or three weeks is not one of them. lawmakers have until midnight on new year's eve to reach an agreement. the first round of meetings begins today. hurricane sandy's power-packed winds
. > > thank you. president obama has set the pace for tomorrow's meeting with congressional leaders. in a news conference yesterday the president reiterated the need to raise taxes on the wealthy while continuing tax breaks for the middle class. the president wants to bring in $1.6 trillion in new revenue. the president made the comments yesterday, at his first news conference since his re-election. "as i've said before, i'm open to compromise and i'm open to new ideas. and i've been...
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thanks for coming on. >>> next, a look at the marriage gap and why president obama owes single men and women a big thanks. >>> but thirst, today's trivia question -- what is the largest number of states won by a losing candidate in a presidential election? tweet me the answer @chucktodddailyrundown. coming up. lists all done. raise the roof! no one says that anymore, mom. [ woman ] raise the roof! ah? raise the roof! [ male announcer ] it's our biggest toy rollback of the year. find hundreds of rollbacks on the season's hottest toys in stores now, from america's gift headquarters, walmart. and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting
thanks for coming on. >>> next, a look at the marriage gap and why president obama owes single men and women a big thanks. >>> but thirst, today's trivia question -- what is the largest number of states won by a losing candidate in a presidential election? tweet me the answer @chucktodddailyrundown. coming up. lists all done. raise the roof! no one says that anymore, mom. [ woman ] raise the roof! ah? raise the roof! [ male announcer ] it's our biggest toy rollback of the...
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. >> thank you very much, sharon at the new york merc. >>> president obama visiting storm ravaged areas of new york city this hour. it comes as we get the first pieces of data showing the business impact of super storm sandy. you guessed it -- it doesn't look good. >>> plus, a blockbuster auction for christie's. more than $400 million went under the hammer. we'll tell you about the big winners and the very interesting trend. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. thank you, mr. speaker, uh, members of congress. enjoy free shipping and great values in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. to
. >> thank you very much, sharon at the new york merc. >>> president obama visiting storm ravaged areas of new york city this hour. it comes as we get the first pieces of data showing the business impact of super storm sandy. you guessed it -- it doesn't look good. >>> plus, a blockbuster auction for christie's. more than $400 million went under the hammer. we'll tell you about the big winners and the very interesting trend. ♪ ♪ ♪ [ male announcer ] 'tis the season...
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. >> thank you very much. >> the fourth annual washington ideas form is happening this week. topics include plastic selection of what to expect if president obama prepares for his second term. next, we are from massachusetts congressman, barney frank of the house financial services ranking member. from the museum, this is 20 minutes. >> congressman barney frank in his last term as congressman and enter by sorkin, do they too failed and the dealbreaker column in "the new york times" and on cnbc -- what is there? i watch it every day. and we have half of doctrine care. >> thank you and thank you for being here. there's about a hundred things for us to talk about them it is a very short amount of time. i want to get into issues related to wall street, but given the watercooler conversation seems to always be a blast from the 72 hours, jenna petraeus and this -- the real housewives of alabama. under the floor to tell us your thoughts. >> having for a long time argued that my sex life with some of the public's business, i extend the same courtesy to general petraeus and to general
. >> thank you very much. >> the fourth annual washington ideas form is happening this week. topics include plastic selection of what to expect if president obama prepares for his second term. next, we are from massachusetts congressman, barney frank of the house financial services ranking member. from the museum, this is 20 minutes. >> congressman barney frank in his last term as congressman and enter by sorkin, do they too failed and the dealbreaker column in "the new...
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. >> thank you, steve. >>> 19 minutes before #. happening now, president obama is on his way to the new york city area, which is still trying to recover from super storm sandy. you can see the president there walking across the tarmac, waving to people there. the president is about to fly to jfk airport in new york city. he's expected to get there in about an hour. flying directly out of air force one, and traveling to staten island, an area hit hard by the super storm sandy. the president plans to survey the damage from super storm sandy and the recent nor'easter, he will meet with families affected by the storms, like he did two weeks ago in new jersey, where these pictures are from. governor cuomo said he will ask for $30 billion in federal aid. and people are still without power after two and a half weeks. >>> the fda has reports of 13 deaths that could be linked to a caffeinated energy drink. the fda says there is no evidence linking five hour energy drinks to the deaths, but in each case, it is cited for possible involvement.
. >> thank you, steve. >>> 19 minutes before #. happening now, president obama is on his way to the new york city area, which is still trying to recover from super storm sandy. you can see the president there walking across the tarmac, waving to people there. the president is about to fly to jfk airport in new york city. he's expected to get there in about an hour. flying directly out of air force one, and traveling to staten island, an area hit hard by the super storm sandy. the...
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martha, thank you very much. >>> that question to president obama about ambassador rice came from jonathan karl, who joined in on the press conference. and joins us now with more. questions on all of the big issues. but much of the focus on that looming fiscal cliff january 1st. >> reporter: that's right, george. the president will meet with congressional leaders tomorrow. he used that press conference to lay out very bright lines on where he stands on taxes and the fiscal cliff. holding his first news conference since winning re-election, the president took a hard line on his bottom line. there will be no budget deal without raising taxes on the wealthy. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion. >> reporter: in his previous efforts to strike a so-called grand bargain with speaker of the house john boehner, the president proposed $800 billion in new tax revenues. but now, he is seeking twice that. $1.6 trillion in new taxes over the next ten years. that's a bitter pill for repu
martha, thank you very much. >>> that question to president obama about ambassador rice came from jonathan karl, who joined in on the press conference. and joins us now with more. questions on all of the big issues. but much of the focus on that looming fiscal cliff january 1st. >> reporter: that's right, george. the president will meet with congressional leaders tomorrow. he used that press conference to lay out very bright lines on where he stands on taxes and the fiscal cliff....
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to be surprised that obama won. is the market waking up and realizing he was reelected? >> i think it was less of a surprise but a dose of reality hitting. i think the pundits had it going a lot of different ways. but the real question is what happens next and that's what's got the markets scared. which is the fiscal cliff and the long term stability of the ability of people to work together. >> it seems like the conventional wisdom, mostle polls showed the president would win, most of the pundits from the state up level suggested that. i would have said that's going to happen and we'll be right back to the fiscal cliff problem. it seems like could you have gain this had out on the monday before if not a week earlier. >> i think most of us who look at long terp trends say what does it mean not for the next couple of months because that's the real news story, but the real investment story is what does this mean two, three, five years down the road. you're looking at interest rates at an all-time low and that's not be
to be surprised that obama won. is the market waking up and realizing he was reelected? >> i think it was less of a surprise but a dose of reality hitting. i think the pundits had it going a lot of different ways. but the real question is what happens next and that's what's got the markets scared. which is the fiscal cliff and the long term stability of the ability of people to work together. >> it seems like the conventional wisdom, mostle polls showed the president would win, most...